Seller's Agent in 2020
Nathan Torgerson
Keller Williams Realty
(423) 902-9445
10 in this area
647 Total Sales
0 Second St N Unit 1321467 5955aac8-1f1e-4f1f-9ecd-04653ecfcf7f, GA 30728
LaFayette NeighborhoodEstimated Value: $791,000 - $840,000
--
Bed
3
Baths
7,214
Sq Ft
$113/Sq Ft
Est. Value
Highlights
- Deck
- Eat-In Kitchen
- Multiple cooling system units
- No HOA
- Brick Exterior Construction
- Patio
About This Home
As of November 2020Located a block from Main St. and Downtown Lafayette, this investment package is in a perfect location. This investment package features 4, all brick, multi-family buildings with 10 units. All buildings are on one parcel and next door to each other. The total rent roll is at $5,880/mo. Only one unit is vacant at this moment. They have been recently renovated with new HVAC systems, flooring throughout, refinished cabinets and countertops, fresh paint and trim, windows, and roofs. This is a great investment opportunity. Don't miss out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,741
Year Built
- Built in 1970
Lot Details
- 1.06 Acre Lot
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
- Metal Roof
Interior Spaces
- 7,214 Sq Ft Home
- 1-Story Property
- Living Room
- Storage
- Washer and Dryer Hookup
- Basement
- Crawl Space
Kitchen
- Eat-In Kitchen
- Stove
Parking
- Garage
- Parking Accessed On Kitchen Level
- Off-Street Parking
Outdoor Features
- Deck
- Patio
Schools
- Lafayette Elementary School
- Lafayette Middle School
- Lafayette High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Heating Units
Listing and Financial Details
- Assessor Parcel Number 1024 063
Community Details
Overview
- No Home Owners Association
- 10 Units
- Belmont Park Subdivision
Building Details
- Gross Income $70,560
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2024
Sold by
Sga Multifamily Jhl Llc
Bought by
J2h Properties Llc
Total Days on Market
65
Current Estimated Value
Purchase Details
Closed on
Dec 26, 2023
Sold by
Sga Multifamily Ael Llc
Bought by
Sga Multifamily Jhl Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,925
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2020
Closed on
Nov 13, 2020
Sold by
Pioneer Ridge Properties Llc
Bought by
Sga Multifamily Jhl Llc and Sga Multifamily Ael Llc Etal
Seller's Agent
Nathan Torgerson
Keller Williams Realty
Buyer's Agent
Nathan Torgerson
Keller Williams Realty
List Price
$649,900
Sold Price
$635,000
Premium/Discount to List
-$14,900
-2.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 14, 2019
Sold by
Fast Muscle Twitch Llc
Bought by
Pioneer Ridge Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2016
Sold by
Heyer Oliver
Bought by
Fast Muscle Twitch Llc
Purchase Details
Closed on
Jan 31, 2000
Sold by
Harpo Inc
Bought by
Heyer Oliver and Heyer Lisa J
Purchase Details
Closed on
Mar 19, 1985
Sold by
Hart Karen P and Hart Jack S
Bought by
Harpo Inc
Purchase Details
Closed on
May 10, 1979
Sold by
Hart Pope J and Hart Karen P
Bought by
Hart Karen P and Hart Jack S
Purchase Details
Closed on
Nov 29, 1972
Bought by
Hart Pope J and Hart Karen P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| J2h Properties Llc | -- | -- | |
| J2h Properties Llc | $785,000 | -- | |
| Sga Multifamily Jhl Llc | -- | -- | |
| Sga Multifamily Jhl Llc | $635,000 | -- | |
| Pioneer Ridge Properties Llc | $347,750 | -- | |
| Fast Muscle Twitch Llc | $382,000 | -- | |
| Heyer Oliver | $275,000 | -- | |
| Harpo Inc | $22,100 | -- | |
| Hart Karen P | -- | -- | |
| Hart Pope J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sga Multifamily Jhl Llc | $640,925 | |
| Previous Owner | Sga Multifamily Jhl Llc | $2,000,000 | |
| Previous Owner | Pioneer Ridge Properties Llc | $314,000 | |
| Previous Owner | Fast Muscle Twitch Llc | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2020 11/13/20 | Sold | $635,000 | -2.3% | $88 / Sq Ft |
| 11/12/2020 11/12/20 | Pending | -- | -- | -- |
| 09/08/2020 09/08/20 | For Sale | $649,900 | -- | $90 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,585 | $318,492 | $10,584 | $307,908 |
| 2023 | $7,415 | $302,075 | $10,584 | $291,491 |
| 2022 | $6,899 | $262,066 | $10,584 | $251,482 |
| 2021 | $5,014 | $170,737 | $12,240 | $158,497 |
| 2020 | $4,267 | $141,462 | $10,992 | $130,470 |
| 2019 | $4,342 | $141,462 | $10,992 | $130,470 |
| 2018 | $4,209 | $141,462 | $10,992 | $130,470 |
| 2017 | $4,795 | $144,188 | $10,992 | $133,196 |
| 2016 | $3,975 | $144,188 | $10,992 | $133,196 |
| 2015 | $2,924 | $101,053 | $10,400 | $90,653 |
| 2014 | $2,815 | $101,053 | $10,400 | $90,653 |
| 2013 | -- | $101,052 | $10,400 | $90,652 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Torgerson
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1321467
APN: 1024-063
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